Setting up Auto Transfer Rules
Last updated: April 10, 2026
Meow Technologies is a financial technology company, not a bank or FDIC-insured depository institution. Banking services are provided by Grasshopper Bank, N.A.
You can create auto transfer rules to automatically move funds between your company’s accounts. These rules help you maintain target balances, split income, or keep certain accounts clear—so your cash flow stays organized without manual effort.
Choosing the right rule
We currently support four types of auto transfer rules:
Maintain a target balance
Keep an account at your set target by transferring funds in when the balance drops too low, or out when it exceeds the target. For example, if you have a checking account dedicated to funding payroll that needs to maintain a balance $100,000, you can set up a target balance rule to keep it's balance at $100,000 and fund it from another checking account.
Runs once daily at 9am UTC. Ideal for keeping payroll or operational accounts consistently funded.
Distribute by %
Splits incoming funds across accounts based on custom percentages. This rule can run after every transaction or daily at 9am UTC. For example you could set up an account to receive payment from customers then distribute 30% to an account for tax withholdings and 70% back to your primary operating account. This rule is only available if you have at least 3 open business checking accounts.
Keep a zero balance
Moves all incoming funds from one account to another automatically to maintain a zero balance. Runs after every incoming transaction.
Transfer funds from Treasury
Maintains a minimum balance in a specified account by transferring funds out of a Treasury account. This rule triggers on business days where fixed income markets are open at 9am UTC. The liquidity schedule for Treasury products varies and you may need to keep multiple days worth of expected expenses in an operating account at all times.
Note: Auto transfer rules are not currently available for IG Bond Fund accounts. You can move funds into and out of IG Bond Fund accounts via manual transfers only.
Money Market Fund Account: Funds auto-transferred same business day the rule triggers.
Liquid Treasuries Account and Commercial Paper Account: Funds auto-transferred the business day following the day the rule triggers.
Adding a rule
Only Admins and Controllers can add or remove auto transfer rules.
To add a rule:
Go to your Business Checking page
Navigate to the "Auto-Transfer Rules" tab. This tab will only show if you have at least open business checking accounts
Select the auto transfer rule you want to create and specify
The account you want to apply it to
The destination account(s)
Any required details (e.g. target balance, transfer amount or percentages)
Review and confirm the rule. Some auto transfer rules will trigger immediately.
Frequently asked questions
Can I set up auto transfer rules with linked external accounts?
No. Auto transfers can only be created between your company’s accounts accessed through Meow.
Can I set up auto transfer rules between different banks on Meow?
No. Auto transfer rules can only be created between accounts held at the same bank and accessed through Meow.
Why can't I select a certain account to be part of a rule?
This typically happens when an account you're selecting is already included in another set of rules. Only one rule is allowed per checking/savings account. This limitation helps prevent funds from cycling between accounts.